Archive for May, 2008

Innova Memphis Inc. Makes First Investment In arGentis Pharmaceuticals

May 1, 2008

Last week, Memphis got another step closer to becoming a national center of excellence in the biosciences. Innova Memphis Inc, the early-stage investment fund created by Memphis Bioworks Foundation, made its first investment. After months of diligently going through proposals from startup companies in a variety of areas, Innova chose to invest in arGentis Pharmaceuticals LLC, a specialty pharmaceutical company based here in Memphis.